Meghalaya Chief Minister welcomes Centre’s economic package to stimulate economy

Shillong, May 15, 2020 (MMP): Meghalaya Chief Minister Conrad Sangma has welcomed the financial packages announced by the centre. Sangma said that supporting the MSME is a key which is a backbone of any economy since the sector promotes the maximum number of people adding that the support to the MSME’s means you are really pushing up the overall economic activity by supporting the entrepreneurs. It may be mentioned that Prime Minister Narendra Modi had announced Rs 20 lakh crore to support coronavirus-hit economy. The Union Finance Minister, Nirmala Sitharaman in her first announcement of outlying economic packages announced a relief for the Micro Small and Medium Enterprises and NBFC Sector. Pointing out that financial packages for the farmers have also been announced, Sangma said these are the times where the centre has to stand up and support and put stimulus. Foreseeing a positive impact out of this initiative, he hopes that maximum of our people whether it’s the farmers or other MSME’S will benefit and that will be a boost and stimulus to the economy. MMP

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